As the economic horizon continues to shift and belts tighten, small and medium sized companies -- who typically have between 10 to 500 employees and represent 99.7 percent of all employer firms according to the U.S. Small Business Administration (SBA) -- may wind up being so focused on core business issues that they overlook one of their most potentially serious and costly issues -- human resource compliance.

Unlike their large-company counterparts, small and medium size companies lack the time and resources to build infrastructure and processes that are beyond core business objectives. But if entrepreneurs and smaller business owners are focused solely on growth and product, how do they know what issues to look for in order to protect the company?

This is a must-read paper that discusses the top 5 HR compliance issues they may face.